The price of PTGX is predicted to go up -7.76%, based on the high correlation periods with WDH. The similarity of these two price pattern on the periods is 93.36%.
PTGX
WDH
Down: -7.76%Similarity: 93.36%
PTGX Revenue Forecast
PTGX EPS Forecast
PTGX FAQs
What is bull’s view on PTGX?
PTGX stock is currently trading around $40.38, with analysts showing strong bullish sentiment. HC Wainwright & Co. and BMO Capital have reiterated "Strong Buy" and "Buy" ratings, setting price targets of $50 and $62, respectively, indicating potential upsides of 20% to 47%. The stock's oversold RSI of 29.8 suggests a rebound opportunity, supported by its strong analyst backing and recent price consolidation.
What is bear's view on PTGX?
PTGX stock is currently trading at $40.38, near its recent low of $39.70, and has entered oversold territory with an RSI of 29.8, indicating potential selling exhaustion. However, the bearish view stems from its significant volatility, with a 52-week range of $16.63 to $48.89, and the risk of further downside if broader biotech uncertainty persists. A break below $39.70 could signal additional weakness.
What is PTGX revenue forecast for next quarter?
The market consensus for PTGX's revenue in the upcoming quarter is projected to be approximately $36.599M USD.
TD Cowen analyst Tara Bancroft initiated coverage of Protagonist Therapeutics with a Buy rating and $65 price target. The firm says the company's rusfertide has at least $3B of sales potential in polycythemia vera, with $1B going to Protagonist, and JNJ-2113 can address the 5M plaque psoriasis and ulcerative colitis patients seeking an oral option. Protagonist's pipeline should also generate future value for years to come, the analyst tells investors in a research note.